P2JW252000-6-A00100-17FFFF5178F ****** TUESDAY,SEPTEMBER 8, 2020 ~VOL. CCLXXVI NO.58 WSJ.com HHHH $4.00 DJIA Closed (28133.31) NASDAQ Closed (11313.13) STOXX 600 367.97 À 1.7% 10-YR. TREAS. Closed (0.720%) OIL Closed ($39.77) GOLD Closed ($1,923.90) EURO $1.1816 YEN 106.28 Labor Day Makes a Big Splash as Summer Draws to an End Flawsin What’s News Boeing’s 787Jets Business&Finance Prompt roduction problems at Pa Boeing 787 Dream- liner factoryhaveprompted Review air-safety regulators to re- view quality-control lapses Regulators look into potentially stretching back almost a decade, according lapses at Dreamliner to an internal government plant that may stretch memo and people familiar with the matter. A1 back nearly a decade Investorsreturning from the Labor Dayweekend are BY ANDREW TANGEl keeping an eyeout forsigns AND ANDY PASZTOR that a rally in tech stocks Production problems at a and the market recovery it Boeing Co.787 Dreamliner fac- fueled are losing steam. A1 tory have prompted air-safety Shares of SoftBank S regulatorstoreview quality- tumbled 7%, as investors PRES control lapses potentially reacted to news of a bet stretching back almost ade- the company has placed on UMA /Z cade,according to an internal a rise in tech stocks. B3 TO government memo and people Samsung signed a$6.65 familiar with the matter. billion contract with Verizon /NURPHO Theplane maker has told fornetwork equipment and SY U.S. aviation regulatorsthat it services,amajor boost to the produced certain partsatits South Korean firm’squest to HENNES South Carolina facilities that UL become akey 5G supplier. B1 PA failed to meet its owN design ALL IN: Aboy jumps intothe wateratWekiwaSprings State Park in Apopka, Fla., on Monday. As crowdsturnedout around and manufacturing standards, Wish joined Amazon in the country forthe long weekend, officials worriedthatholidaygatherings could lead to aspikeinCovid-19 cases. A6 according to an Aug. 31 inter- barring foreign seed sales nalFederal Aviation Adminis- after thousands of suspi- tration memo reviewedbyThe cious seed packets, many Wall Street Journal. postmarked from China, ar- As aresult of “nonconform- rived at households around ing” sections of the rear fuse- the world this summer. B1 Sharp Tech Pullback Unnerves lage, or body of the plane,that Citigroup and abig hedge- fell short of engineering stan- fund client arelocked in an dards,according to the memo uncharacteristically public and these people,ahigh-level feud that has embroiled top InvestorsinHighflying Stocks FAAreview is considering executives and laid bare a mandating enhanced or accel- $900 million mistaken erated inspections that could payment by the bank. B1 cover hundreds of jets. BY AMRITH RAMKUMAR one point pushing the index est ratesnear record lows,the tions of manyofthese firms Thememo,aroutine update Stock in China’s SMIC down almost 10% from itsre- investor mantrathat “thereis raise the possibility of large or summaryofsafety issues fell sharply after the U.S. Investorsreturning from the cord and spreading to markets no alternative” to purchasing share-pricedrawdowns this fall. pending in the FAA’sSeattle of- government said it was Labor Dayweekend arekeep- including crude oil and gold, the shares of major U.S. corpo- TheNasdaq Compositeisup fice that oversees Boeing design considering placing export ing an eyeout forsigns that a before abroad reversal nar- rations remains very much in- 26% forthe year.Swingsinthe and manufacturing issues,says restrictions on the semi- dizzying rally in technology rowedlosses in some stocks tact. Themain driver of the shares of Alphabet Inc., Ama- such asafety directivecould conductor manufacturer. B4 stocks and the market recovery and sent othersback intomore tech boom—strong growth that zon.comInc., Facebook Inc., coverasmanyasabout 900 of it fueled arelosing steam. familiar,green territory. has been boosted during the MicrosoftCorp.and others the roughly 1,000 Dreamliners World-Wide TheNasdaq Composite slid Fewinvestorsbelievethe pandemic as more consumers stand to accentuateexpected delivered since2011. morethan 6% over two days late-week rout signals the end work and learn remotely—also volatility around the U.S. presi- Thefinal languagedepends last week afterhitting afresh of arally that has takenthe still holds,investorssaid. dential election and attempts on the outcome of continuing Entering a contentious high, led by Thursday’srecord Nasdaq to 43 record closes and Even so,the scale of the to control the coronavirus out- reviews by Boeing and the stageinthe presidential cam- one-daydecline in market pushed the S&P 500 up more gains among major technology PleaseturntopageA7 agency, as well as decisions by paign, Trump is seeking to value at Apple Inc., the most- than 6% forthe year.The econ- shares this year,the resulting moresenior FAAofficials.The focus voters on an economic valuable U.S.-listed company. omycontinues to showsigns of rich valuations and the gob- James Mackintosh: Where extent of the reviewreflects rebound and public safety, Selling intensified Friday, at improvement, and with inter- smacking market capitaliza- danger lurks in tech rally.... B1 PleaseturntopageA9 while Biden is redoubling effortstomakethe election a referendum on Trump’s THE COVID STORM performanceonthe corona- 2020 Presidential Race Enters Final Sprint virus and the economy. A4 Germany signaled it ‘Diabolical’ Virus is prepared to reconsider its NordStream 2gas-pipeline project with Russia in light of the poisoning of Kremlin critic OutpacesScience Navalny, who was roused from an induced coma. A8 PG&E wasset to cut powerinpartsofNorthern SARS-CoV-2 is wily, with mysterious origins S California to reducewildfire PRES and powerful ability to infect and spread GES risks,amoveitsaid would TED IMA affect about 172,000 cus- CIA SO tomersin22counties. A3 AS BY ROBERT lEE HOTZ most innocent of human in- GETTY Y/ China is launching itsown AND NATASHA KHAN teractions—a shared laugh, a initiativetoset global data- conversation, an embrace. SEMANSK security standards,counter- Thenew coronavirus is a And it is aliar. SARS-CoV-2, MODEVILLA/ ing U.S. effortstopersuade killer with acrowbar,break- which causes Covid-19,often SO TRICK ing and entering human cells misleads the body’s immune PA like-minded countries to CHIP ringfence their networks with impunity.Ithitchhikes systems. President Trump touted the recent jobs report and Democratic candidate Joe Biden arrived in from Chinese technology. A9 acrosscontinentscarried on Takenonits ownterms, Harrisburg, Pa., to meet with union members as Labor Day kicked off a key stretch of the race. A4 coughs and carelesshands, SARS-CoV-2 is the infectious A Belarus opposition driven by itsown urgent ne- disease success of the past leader has been abducted, cessity to survive. 100 years. an opposition council said, It has agregarious side Almost unmatched in the raising fears that govern- that makes it hardtoresist. annals of emerging human Travelers Win ment authorities are inten- It loves aparty.The persis- contagions,ithas parlayeda sifying a crackdown. A8 tent social climber claims its few chanceinfections intoa ASaudi court reduced the victims around the world by pandemic of around 27 mil- Quarantine death sentences of five men riding on momentsofthe PleaseturntopageA10 convicted in the killing of dis- Hotel Lottery sident journalist Khashoggi to 20-year prison terms. A8 Routines Get a Reboot iii ABritish judge refused a In Singapore, you request by lawyers for Ju- lian Assangetoadjourn the At Work and at Home might get ‘stuck’ WikiLeaks founder’s extradi- tion hearing until 2021. A8 at the Ritz BY ARIAN CAMPO-FLORES said Ms. Dillane, 31 years old. “I think it’seasier to mentally BY CHONG KOH PING Sonia Dillane,asoftware prepare that all the next year JOURNAL REPORT development engineer at Ama- is a wash.” JoyVan Dee arrived in Sing- Investing in Funds: zon.comInc., won’t be remote Fall is typically a season of aporeafter a12-hour flight Lessons From the Last working at the kitchen table in revival, as people return to from Amsterdam, dreading two Pandemic R1-10 her Seattle townhouse any- work,children head to school, weeks of mandatoryquarantine more, sitting in adining chair sportsseasons launch and cul- with her toddler in agovern- One cloud that irritated her back. tural lifeawakens.This year, ment-designatedfacility. CONTENTS Opinion.............. A15-17 Instead, roughly half ayear with the coronavirus pandemic Until, that is,their shuttle Arts in Review.... A13 Personal Journal A11-12 intothe coronavirus pan- still spreading in much of the bus parked at the five-star Business News...... B3 Sports....................... A14 fits all. Capital Journal...... A4 Technology............... B4 demic,she is setting up an of- U.S.,itisaseason of deeper Ritz-Carlton Millenia Singa- Crossword.............. A13 U.S. News.... A2-4,6-7 fice in aguest room. Her hus- adaptation. pore, and they were takentoa HeardonStreet... B10 Weather................... A13 band, asoftware development Workersare overhauling luxurious 549-square-foot Markets............... B9-10 World News....... A8-9 Choose the capabilities your business engineer at Amazon, is creat- routines and home offices, room, with river views.“We hit ing one in the den. She also families arecreating newritu- the jackpot,” said Mrs. VanDee, needs,when it needs them with the > won’t be attending services als and businesses are trying a42-year-old interior designer, Dell Technologies Cloud. forthe Jewish High Holy